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<br /> (ITY NEW BRIGHTON TEL:6382044 Au,g19'90 10'-"-' "'u ,~~~ ..wi 4'21 <br /> Stille money gnlllU from ~ legWatlon commonly rofcnod \0 lIS "Mighty Du..Ir.a" may be made avail. <br /> IIblc fur this project. In that evcnt. each pGrty willllOInp1y wIth l'lIu.......b1e requests of MASC In apply- , <br /> ing for IIIICh gtalltslUld liUCh pili lIlj mllY be awllI\\ed will be In addltlon to the DOWNPAYMENT <br /> refetrod to above. .. <br /> BOND P1NANCL~G <br /> MASC will use Its beSI cfforts to ~Cl:un: net nUlIllcillg available f\)r cOII.'\rU..t1on in the "mouDt of Dt <br /> least 56.000.000 (sill. million dol1l1t1l) {rolD Auoka County, , <br /> ~h puty will coop<lrale with ADoka County and wiD perform Ill"h (!lWI'M"I~ find nhlllatlOl\$ as It <br /> undcttakes to ADoU COUlIty. 11le annual operllling buda:ets for lhe fllllillLY shall Include .mounls ne<:- , <br /> '. -. 1lSl;8t)' to pay debt service on the bonas. AI described below under USE, the pllfilllH I1on'llto wlll "" <br /> '" , ('ll\lIgated to make cenaln fixed rental paymenl~ for a ~peclficd amount of Ice tiJne In amounts wbich <br /> , <br /> will cumulatively provide for the paylllent of all upenlUng and debt lIeNlce costs of thll _oa, . <br /> if for any rtawn, (Including rol'llaal of II party to make CQvCJIllll(g dcemc4 ~sentllll by Anoka County) <br /> bond filWlciDg is JlOlICCUred. tbIs apment shall be vohllllld all of the cash do-..:npaynleots shall be I <br /> ---- refullded to the partlec except for $5.000 from each party. ~Ipt of which by MASC la hereby <br /> ackaowlcd&ed as an lIllIOunt separate frolllll1d In additlon to the elowopaymcnt required under para- <br /> il'aph lV. I <br /> v. FA.ClLITY OPERA 'nON <br /> '\ <br /> r> .;'.Jo" I <br /> A. oWNERSHIP oJ \lr:.T' f" ~p <br /> '\. Title to all real el~. will be bDld In lbc nllIllC of the MASC. ntlc 1\) bulldlng5, fhtlUrca IIIllllXl\Aiy <br /> IMQt re1fldftllltllhla aareemollt ahall be beld in the namc Anoka County \10111 the bonds havo been .. <br /> fully retired. <br /> B. LlABILrrY I <br /> For purposea of thi5 lIil'88l1lCnt MASC 8hall be thll operator of the fllllillty and shall be I'CKponsible <br /> for WI operatioWli cieclsi01l1 which ftI8)' givl' """ 10 lort liehllity by relSOll of the operation of the <br /> facility. MANSS. Blaine, Coon RlIPidA anel 0051.1' shall be liable olliy for obligations undertaken I <br /> by tIlCm punuantlo conUICI. MASC may prowl'C lu~lI illa","'I"" Of cl"t III proceed \Ander <br /> ldinnelota State Tort J,.iabUlty Act lIS It clMms approprilLte. <br /> c. STAITlNO AND oJ'!\R,ATlNO I <br /> MASC will biJc. supervise IIld coordinate 1111 permanellt and temporary staff nece>'SlU'Y and cOllve- <br /> L....."..... ..rocility. P~...- "-"",,,,,,,,,,,,,, -.... MA"''''' '""'" , <br /> , GlIC'h reasonAb~ allocati()llll of the overall CXp8115C operation of lite NatioJlal Sports Center expeme <br /> , to the facility n fairly represent the cost of all Rtal'f pcrfonnina work on behalf of or beneflclallO <br /> tile taclllty. MASC I"" in Ita sole dlllCl'lltlon dc:lcllItC \he oporllllon. of 1M faclUty to me National I <br /> SporIS CoolCr Foundation, <br /> I <br /> I <br /> 2 .. <br /> - <br />